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Introduction

Q&A

1. How to use a security trading account?

After signing the “Gold Risk Disclosure Statement”, investors are able to utilize their existing security trading accounts to trade gold. The trading records are listed on TDCC(Taiwan Depository & Clearing Corporation) passbooks.

2. What is the main difference between using a security trading account and using a Bank Gold Passbook(New Taiwan dollar denominated) to trading gold?

  1. The same:
    1. Gold are all with a purity of 99.99%.
    2. The physical gold is allowed to withdraw and is not allowed to put back.
  2. The main difference:
    1. Trading unit of Gold Trading Platform is 1 Taiwan Tael (37.5 grams) and quoting unit is 1 Taiwan Cian (3.75 grams). Both trading and quoting unit of Gold Passbook of bank are 1 gram.
    2. Settlement period of Gold Trading Platform is T+2 (market regular) or T (RTGS; specially on bilateral agreement). Settlement day of Bank Gold Passbook is trading day.

For details of contents, please refer to the overview and introduction.